Art Museum Area, Real Estate Market Update
November 1, 2007 by CITYSPACE
Here’s a snapshot of what’s been going on in the Art Museum Area Real Estate Marketplace over the past 30 days or so.
If you have a question about any of the information presented below, please feel free to email info@phillycityspace.com. All information presented as reported by Realtors to the local Multiple Listing Service.
Monthly Statistics for the Date Range Selected Provided by TReND…
|
Date |
Units Listed |
Listed Volume |
Listed Average |
Pended |
Units Sold |
Sold Volume |
Sold Average |
Average DOM |
|
Nov 2007 |
51 |
19,344,740 |
379,308 |
22 |
23 |
8,181,500 |
355,717 |
71 |
|
Totals: |
51 |
19,344,740 |
379,308 |
22 |
23 |
8,181,500 |
355,717 |
71 |
Inventory Accumulation for the Last 12 Full Months
|
|
|
|
|
|
|
Current Inventory * |
Inventory Volume |
Current Average |
Average Monthly Sales** |
Inventory Accumulation *** |
|
311 |
159,571,695 |
513,092 |
36 |
8 |
*Current Inventory is based on the actual available properties on the date this report was created.
**Average Monthly Sales is the average sales for the last 12 full months
***Inventory accumulation (in months) = Current Inventory Units / Average Monthly Sales
Pricing Details of Sold Units for the Date Range Selected
|
Minimum Prices |
Maximum Prices |
Average Prices |
|
Original List Price : $159,000 |
Original List Price: $895,000 |
Original List Price: $391,226 |
|
Sold Price : $115,000 |
Sold Price: $890,000 |
Sold Price: $355,717 |
Tags: art museum, Listings, philadelphia, real estate, Statistics
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